Night Cream Market Will Projected to Boost USD 13.99 Billion at a CAGR of 6.5% by 2030 | Reports and Data

Published April 12, 2023

The global night cream market size was USD 8.02 Billion in 2021 and is expected to register a revenue CAGR of 6.5% over the forecast period, according to the latest report by Reports and Data. Growing demand for natural or organic skincare and cosmetics is driving the market revenue growth. There is an increased demand for night cream products with anti-aging, skin-lightening, and effective moisturizing capabilities. The desire for natural ingredients like green tea extract and aloe vera is rising among consumers since these ingredients help repair damaged skin and delay the indications of aging. This demand is also fueling market revenue growth. Night creams include significant amounts of moisturizing agents. People in their middle and later years frequently use them as moisturizers, skin lighteners, and anti-aging treatments to give their skin a better complexion, greater softness, and a younger appearance.

A night cream is fully nourishing, repairs damaged skin cells, and enhances skin’s overall appearance. The skin’s elasticity is restored, blood flow and cell regeneration are enhanced, and collagen formation is encouraged. As skin cell regeneration is more powerful at night than during the day, the cream’s active components are more efficiently absorbed. Older people used the product since it can remove scars and imperfections while also nourishing skin cells. Younger population frequently experience sleep-related issues including dark circles under the eyes, which can be treated with a night cream.

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Top Profiled Companies in the Global Night Cream Market Report:

Beiersdorf AG, Derma E., Estée Lauder Companies Inc., Guerlain S.A, Himalaya Global Holdings Ltd, L’ORÉAL SAS, Olay (P&G), Shiseido Co Ltd, Unilever PLC, and Johnson & Johnson Services Inc.

Some Key Highlights From the Report

  • Anti-aging cream segment accounted for a significant revenue share in 2021. Hyaluronic acid, included in anti-aging night cream, absorbs water molecules from the air to hydrate and plump skin, while antioxidants guard against environmental harm. This night lotion aids in restoring the skin’s natural texture and defences against the tell-tale signs of aging. The night cream contains nutrients and herbal ingredients, which help to cure skin damage and maintain youthful and supple skin.
  • The e-Commerce segment is expected to register a moderate revenue growth rate over the forecast period owing to the rapid growth of smartphone users across the globe. It is attributed to factors such as no additional costs as products can be shipped directly from sellers. Expansion of the segment is attributed to low product costs, discounts, reviews, and ratings of customers regarding the product or service and assists significantly in making a purchase. Other factors such as convenience, doorstep service, and availability of a diverse product selection are contributing to revenue growth of the segment.
  • Women segment is expected to register a significant revenue growth rate over the forecast period. To minimize wrinkles and fine lines, women use anti-aging treatments. Axerophthol, jojoba oil, green tea, vitamin E, and vitamin B5 are among the components found in the highest-quality anti-aging lotions.
  • Market in Asia Pacific is expected to be the fastest growing over the forecast period owing to the increase in the need for skin care products in countries like China, Japan, and India owing to the rising number of skin issues. There is an increased demand for night creams with higher levels of moisturizing and skin-whitening ingredients.
  • Market in Europe accounted for the largest revenue share in 2021. The demand for cosmetics is increasing in countries like Germany, the United Kingdom, and France which is driving revenue growth. According to research, in 2021, the largest national markets for cosmetics and personal care products within Europe were Germany worth USD 13.6 billion, followed by France worth USD 12.0 billion, Italy worth USD 10.6 billion, the United Kingdom worth USD 9.9 billion, Spain worth USD 6.9 billion, and Poland worth USD 4.0 billion. Increased consumption of beauty products is contributing to the growth of the night cream market in the region.

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Further market segmentation

Product Type Outlook (Revenue, USD Billion; 2019-2030)

  • Moisturizing cream
  • Anti-aging Cream
  • Skin whitening cream

Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)

  • Retail Pharmacies
  • Convenience Store
  • Supermarket
  • E-Commerce

End-use Outlook (Revenue, USD Billion; 2019-2030)

  • Men
  • Women

Key Takeaways of the Global Night Cream Market Report:

  • A comprehensive overview of the global Night Cream industry.
  • Accurate market projections in terms of market size, share, and volume.
  • Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
  • Deep-dive analysis of the upcoming market trends.
  • Qualitative and quantitative analyses of the global Night Cream market.
  • Elaborate study of the leading regional markets in the global Night Cream market.
  • Complete overview of the market’s competitive landscape.
  • Brief look at the company profiles and portfolios.

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